COLLEGE COMPASS -- Federal Supplemental Grant
Federal Supplemental Educational Opportunity Grants
A Federal Supplemental Educational Opportunity Grant (FSEOG) is for
undergraduates with exceptional financial need, that is, students with the
lowest Expected Family Contributions (EFCs), and gives priority to students
who receive Federal Pell Grants. An FSEOG doesn't have to be paid back.
How much can I get?
You can get between $100 and $4,000 a year, depending on when you apply,
your level of need, and the funding level of the school you're attending.
You may be eligible for more if you're enrolled in a study-abroad program.
What's the difference between an FSEOG and a Federal Pell Grant?
The U.S. Department of Education guarantees that each participating school
will receive enough money to pay the Federal Pell Grants of its eligible
students. There's no guarantee every eligible student will be able to
receive a FSEOG; students at each school are paid based on the availability
of funds.
How will I be paid?
Your school will credit your account, pay you directly (usually by check),
or combine these methods. Schools must pay students at least once per term
(semester, trimester, or quarter). Schools that do not use traditional
terms must pay you at least twice during the academic year, unless the
total FSEOG aid you receive is $500 or less, in which case a single payment
per academic year is allowed.
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Reprinted from The Student Guide 1995-96, with permission from the
Department of Education.